Tuesday, April 2, 2019

The Monthly “Digitizing Boardroom” Book Tuning: The Boardroom Scorecard Apr. 2019

Due to the “VUCA” digital new normal, the directorship in any organization must have the ability to inspire, guide, motivate, and innovate. 

Modern corporate boards play significant roles in guiding businesses in the right direction and achieve expected business results. Due to the “VUCA” characteristics -Complexity, Uncertainty, Ambiguity, and Velocity of the Digital Era, the directorship in any organization must have the agility to adapt to changes and build abilities to advise, inspire and motivate a group of people toward accomplishing shared visions and goals.

           The Boardroom Scorecard

Shape a Strategic Boardroom by leveraging Balanced Scorecard and Developing Digital Practices The corporate board is one of the most critical leadership pillars in modern businesses. The level of the board accomplishment may vary but the essential competencies will remain the same, BoDs need to be insightful, strategic, effective, and influential. In reality, the time of board members is stretched too thin so they do not allocate enough time to understand strategic issues and many boards aren't active enough to catch the derailment of strategies. In practice, how to shape a strategic boardroom by taking a rational approach, leveraging balanced scorecard, and develop the best and next digital practices?

The Digital Board’s Balanced Scoreboard
Due to the “VUCA” digital new normal, the directorship in any organization must have the ability to inspire, guide, motivate, and innovate. The boards need to keep adapting to changes by the boardroom refreshment and taking advantage of effective tools to improve the board effectiveness. A well-balanced scorecard measuring key strategic performance indicators such as the business finance health and performance, process effectiveness and efficiency, innovation and learning capacity of the company, and customer satisfaction, etc, can provide board directors both information-based stories and holistic pictures for improving digital fluency and directorship influence and maturity.

What’re on your Digital Transformation Scoreboard Forward-looking organizations are on the journey of digital transformation. How would you calculate the digital maturity score of your organization? Which management metrics should you apply to measure the progress of changes? Proactive or reactive? On the track or too slow? Healthy or sick? The balanced scorecard is a strategic performance management tool that can be used by managers to keep track of the execution of activities by the staff to monitor the consequences arising from these actions. So, what is on your digital transformation scoreboard?

Take a Balanced Scoreboard Approach to Making a Leap of Digitalization
The purpose of managing performance is about setting performance measurement to evaluate the status of strategy management, making objective assessments, adjusting plans, setting metrics, evaluating performance and understanding results. Digital is not a one-dimensional technology upgrade only, it is a multi-dimensional business expansion. A well-balanced scorecard measuring key strategic performance indicators provide the management team both a data-based story and a holistic picture on how to fix critical issues and make a leap of digitalization.

The Benefits and Pitfalls of Score Board Scorecards are the performance management tool that compares strategic goals with results. This tool allows management to keep track of strategy implementation by aligning performance with goals. The balanced scorecard is the balanced scorecard model offers a way for a corporation to gain a wider perspective on its strategic decisions by considering the impact on finances, customers, internal processes and employee satisfaction

The “Future of CIO” Blog has reached 2.8 million page views with 5500+ blog posting in 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. The content richness is not for its own sake, but to convey the vision and share the wisdom. Blogging is not about writing, but about thinking; it’s not just about WHAT to say, but about WHY to say, and HOW to say it. It reflects the color and shade of your thought patterns, and it indicates the peaks and curves of your thinking waves. Unlike pure entertainment, quality and professional content takes time for digesting, contemplation and engaging, and therefore, it takes time to attract the "hungry minds" and the "deep souls." It’s the journey to amplify your voice, deepen your digital footprints, and match your way for human progression.


Wow congratulations. Keep up the nice work.
-Serena from Absolute Digitizing

Wow Very interesting and Useful information About Embroidery digitizer Work. Thank You. I saw One More Place That Blog Also very Informative You Also Read here.

I have read your article and this is really impressive for new readers and this is such beneficial blog for developing knowledge about embroideries techniques. Now get Cap Digitizing with perfect result is possible.

nice blog for The Monthly “Digitizing Boardroom” Book Tuning: The Boardroom Scorecard Apr. 2019 , Stitchmax, An Enhanced embroidery digitizing tools Software That Comes with High Productivity and All Advanced Feature of Machine Embroidery Designing. It Has Very Unique And Exclusive Features For Stitch Effects, Drawing Methods, Automated Punching And Decorative Tools Which Are Specially Customized For Professional Designers, Industry Owners, Training Institutes, Embroidery Shops, And Apparel Designers.

Post a Comment